Oregon: $78 Million in Marijuana Sold in November, $881 Million in 2024, Prices Drop to All-Time Low of $3.57 Per Gram

Legal marijuana sales in Oregon remained robust in November, with over $78 million in revenue, pushing the yearly total past $880 million.

Data from the Oregon Liquor and Cannabis Commission shows $78,562,441 in legal marijuana sales during November, a slight decline from October’s $79.5 million. These figures bring the year-to-date total to $881 million and the all-time total to $7.1 billion.

The average price of dried marijuana flower in November reached an all-time low of $3.57 per gram. Marijuana concentrate prices also fell, dropping from $16.21 per gram to $15.83, though they remain slightly higher than April’s average of $15.36.

Oregon legalized recreational marijuana in 2014, with licensed retail outlets opening the following year. The state’s marijuana laws allow individuals aged 21 and older to carry up to two ounces of marijuana in public and store up to eight ounces at home. The law also allows possession of one ounce of marijuana extracts, 16 ounces of marijuana-infused solids, and 72 ounces of marijuana-infused liquids. Licensed retailers are authorized to sell these products to those 21 and older.

The state imposes a 17% marijuana tax, with local governments allowed to add up to an additional 3%. Revenue from these taxes is allocated as follows: 40% to the State School Fund, 20% to mental health and treatment services, 15% to the State Police, 20% to local law enforcement, and 5% to the Oregon Health Authority for drug treatment and prevention programs.

Last month, voters gave approval to Measure 110, the United for Cannabis Workers Act, introduced by UFCW Local 555. The measure protects cannabis workers’ rights to organize and bargain collectively under state law.

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